Different Timeframe Analysis - Bitcoin

105
Back in July, I did a tutorial identifying the 120,000 level as a potential peak for Bitcoin, with the possibility of an open correction. Bitcoin subsequently formed a double top before pulling back to its recent low.

In my view, Bitcoin should continue to trend along this parallel channel.

Monthly analysis indicating support is near, I am refining it to daily analysis for more precision on its entry.

Video version on this tutorial:


Mirco Bitcoin Futures and Options
Ticker: MBT
Minimum fluctuation:
$5.00 per bitcoin = $0.50 per contract

Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.

CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.